What are the common mistake in investing crypto?

[muradalam837 4]

The main mistake is that crypto investors gets lured by big profits in small time and gets scammed and also they invest in some fake sites with the help of some scam dealers and they often steal your money because most of them are newbies and they easily get into their words

[polobkhan 532]

The common mistake is that the new members don't do any research before buying any new coin. also the new comers are not patient when doing trading.

[migeljah 537]

the two most important mistakes and the purchase of cryptocurrency when it gives growth, and investing in one coin, this is a big risk, in order to reduce it, you need to divide your deposit into several coins, at least, then the probability of profit will become higher

[HasFahd 500]

On 1/6/2021 at 8:11 AM, The Game said:

From my own understanding i think the common mistake we do in investment is trusting a wallet with a lot of coins in it, moreover lack of proper knowledge about investment is part of the mistake as well and I hope we overcome our mistakes with certain understanding.

The main thing is lack of inadequate knowledge in investment or in trading, in anything we do that we don't have idea or much knowledge in we tend to fail one way or the other, if we pass through without failing then we are lucky 

[Naveed15 335]

First track the coins and see the chart then ask for guidance to someone who is seniors then your in this field. By finding all is these things, your will never lose your money

[Jack07 316]

On 10/9/2019 at 7:13 AM, Agios said:

What are the common mistake in investing crypto?

Crypto currency is something new to me, and I've enough money to invest in crypto to make a profit, But before starting to invest, I want to know first, are there  common mistakes that are often made by beginner traders

Those who make new trades are more likely to make mistakes. New traders invest without looking at the market price, which results in a lot of losses.So you have to check the market well and invest.

[muradalam837 4]

The main mistake is that crypto investors gets lured by big profits in small time and gets scammed and also they invest in some fake sites with the help of some scam dealers and they often steal your money because most of them are newbies and they easily get into their words

[bisarkadan 0]

Most common mistake in trading is they buy at high prices then sell it on low prices. Seem no sense, but actually like that. Many people is so hype when new coin released, they believe that coin price will going up soon, so they buy so much coin without research first. Then the dumping coin is happen. You also will get lose your money no matter if you holding it or sell it.

[polobkhan 532]

The common mistake is that the new members don't do any research before buying any new coin. also the new comers are not patient when doing trading.

[migeljah 537]

the two most important mistakes and the purchase of cryptocurrency when it gives growth, and investing in one coin, this is a big risk, in order to reduce it, you need to divide your deposit into several coins, at least, then the probability of profit will become higher

[Msh9 84]

A very important topic, our friends, unites many members who trade on this platform, and they do not have the required conditions, which is a very important condition, which is experience and lack of confidence.

[Anikatabassum 355]

Dear one of the basic mistake in putting resources into Cryptocurrency is the point at which the coin is at its low then nobody is buying.great dealer actually purchases as the cost goes down, spreading his purchase arranges to below normal price tag of his coins.good luck

[The Game 2059]

16 hours ago, HasFahd said:

The main thing is lack of inadequate knowledge in investment or in trading, in anything we do that we don't have idea or much knowledge in we tend to fail one way or the other, if we pass through without failing then we are lucky 

Yes you are right about these content because anything that we don't have adequate knowledge about it always end in a mysterious way which is not a good idea during trading or investment.

[HasFahd 500]

10 hours ago, The Game said:

Yes you are right about these content because anything that we don't have adequate knowledge about it always end in a mysterious way which is not a good idea during trading or investment.

Yeah, not good my friend, adequate knowledge about what ever requires fund is needed and very necessary,because without knowledge we can loose, we shouldn't not be like the man that actually bought 1Btc when the price was low for a single pizza,now he is regretting mate  🙄

[Shbz1144 98]

Mostly the mistake is we have been a no experience about crypto currencies trading and we have to invest a lot of money then you loss them because you are not know how to make a trade 

[muradalam837 4]

The main mistake is that crypto investors gets lured by big profits in small time and gets scammed and also they invest in some fake sites with the help of some scam dealers and they often steal your money because most of them are newbies and they easily get into their words

[bisarkadan 0]

Most common mistake in trading is they buy at high prices then sell it on low prices. Seem no sense, but actually like that. Many people is so hype when new coin released, they believe that coin price will going up soon, so they buy so much coin without research first. Then the dumping coin is happen. You also will get lose your money no matter if you holding it or sell it.

[polobkhan 532]

The common mistake is that the new members don't do any research before buying any new coin. also the new comers are not patient when doing trading.

[migeljah 537]

the two most important mistakes and the purchase of cryptocurrency when it gives growth, and investing in one coin, this is a big risk, in order to reduce it, you need to divide your deposit into several coins, at least, then the probability of profit will become higher

[M Mani 135]

Dear, When you don't have a lot of capital and you have to learn about this corrupt world, you have to inform yourself daily to make decisions based on reality. Do not invest the money you need the next day because it does not work that way, you have to be patient and stick to the investment that you make.

[yenniferamos14lsv 45]

A very common mistake is to buy at a high cost and sell at a low cost, that happens because of the fear of the collapse of the cryptocurrency when making a correction, a fear that can make a person lose a lot of money, I have felt it and it has me It cost money, once I made an operation and bought at a high cost, then the crypto began to fall in price, I was scared and sold, then it recovered and went up to more than what I had paid, instead of profits I had losses for fear.

[Alex Morgan 420]

The most common mistake is that whenever there is high price the people will start thinking that it is very good time to buy but this is wrong. Actually one should wait and buy when prices are low specially wine prices are increasing that is the best time to buy. 

[Ezabell 457]

There are many common mistake in crypto markets. Maximum new investors want to quickly profits from crypto market and make his portfolio double for quickly and this is common mistake for investors becasue these are the main mistake which we will do at the investment time, new exchanges and new coins projects all are fake.

[Mohammad2005 336]

Hello my friend. Crypto currency investment is usually wrong. If they don't know much about investing if they don't know the rules. Then if they invest, they will suffer. If they gain knowledge they sit down waiting for the price when the market will decrease or higher. Depends on him. Thanks.

[Whited35 15285]

The most common mistakes that newbie traders might commit are, investing in low 24 hours volume new coins from the random projects, lack of patience so that they might sell their decent coins at cheapest rates in FOMO, lack of knowledge to make analysis of  cryptocurrency market's sentiments, etc. At least, newbies are expected to have basic knowledge about crypto trading and investments.